One-day Conference on Nigeria’s Economic Outlook


Tuesday, September 06, 2016 9.56 PM /

Economic Associates (EA) will host a one-day conference on Nigeria’s Economic Outlook on Thursday, 29 September 2016 at Radisson Blu Hotel & Anchorage, Ozumba Mbadiwe Street, Victoria Island, Lagos.

Quite surprisingly, inflation, devaluation, and recession have come to dominate Nigeria’s economic news in 2016. These were avoidable, they should never have occurred, and remain easily manageable. Indeed, the silver linings are the many usable, potent, but yet to be used, economic policy ammunition that are readily at the disposal of government:

  1. central bank could ease its tight policy stance to give recovery a chance;
  2. federal government could break its own monopoly and let investment flood into all infrastructure sectors, like telecoms; and
  3. also explore numerous self-funding opportunities for infrastructure that could provide the big-push to boost recovery and also improve Federal and States’ fiscal situation.

It is also true that the severity of the current downturn will only spur the government to pull some or all of the available policy levers, preferably based on a holistic, well-synchronized, reform package that emphasizes supply push, rather than demand restriction or price adjustment. This is why 2017 may hold a sharply contrasting outlook to 2016, and most likely turn out to be a year of many green shoots for Nigeria, with numerous bright shining lights at the end of the tunnel.

Participants will evaluate the implications of different reform scenarios for the outlook. I warmly invite you and members of your team to participate at this conference. Please find the detailed agenda in the attached conference brochure.

Ayodele Olalekan Teriba 
CEO, Economic Associates 
1st Floor, Lindev Plaza
16 Amodu Ojikutu Street
Victoria Island, Lagos, Nigeria
Tel: +234 817 305 5380
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